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Section 25(5) — establishments of a person within the same State and without separate registration are treated as:

ADistinct persons (always)
BSame entity — supplies between them are NOT taxable
CRelated parties for valuation
DDifferent PANs
Answer & Solution
Correct answer: B. Same entity — supplies between them are NOT taxable
1. Sec 25(5) clarifies that establishments of the same person under one registration are treated as the SAME PERSON — not as distinct persons. 2. Hence intra-State, intra-registration stock transfers between depots/branches are NOT taxable supplies. 3. Sec 25(4) applies for inter-state or multi-registration scenarios only. _Source: ICAI BoS CA Final Paper 8, Ch 7 "Registration", §Sec 25(5)_
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